In a published statement on Thursday, the Democratic Unionist Party (DUP) “Following confirmation from the Prime Minister that he believes he has secured a “great new deal with the European Union the Democratic Unionist Party will be unable to support these proposals in Parliament,” said in a statement to formally reject Boris Johnson’s deal. The GBP/USD edged lower on this development and was last seen trading at 1.2850, still up 0.15% on the day. Below are some key takeaways from the statement. “Brexit deal as proposed would not be in Northern Ireland’s long term interests.” “The EU would have a veto on which goods would be exempt and which would not under the joint committee arrangements.” “This is not acceptable within the internal borders of the United Kingdom.” “Consumers in Northern Ireland would face the prospect of increased cost.” “There is a real danger that over time Northern Ireland will start to diverge across VAT and customs and without broad support from the democratic representatives of the people of Northern Ireland.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Breaking: GBP/USD crashes below 1.28 on doubts Brexit deal can pass FX Street 4 years In a published statement on Thursday, the Democratic Unionist Party (DUP) "Following confirmation from the Prime Minister that he believes he has secured a "great new deal with the European Union the Democratic Unionist Party will be unable to support these proposals in Parliament," said in a statement to formally reject Boris Johnson's deal. The GBP/USD edged lower on this development and was last seen trading at 1.2850, still up 0.15% on the day. Below are some key takeaways from the statement. "Brexit deal as proposed would not be in Northern Ireland's long term interests." "The EU would have a… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
